eBay (EBAY) Price Target Raised to $64 at UBS

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eBay Inc. Reports First Quarter Results

April 22, 2015 4:15 PM EDT

Total Payment Volume of $61 billion and Gross Merchandise Volume of $20 billion Revenue of $4.45 billion and Non-GAAP EPS of $0.77 per share Free Cash Flow of $829 million; Repurchased $1 billion of common stock

SAN JOSE, Calif.--(BUSINESS WIRE)-- Global commerce platform and payments leader eBay (Nasdaq: EBAY) today reported that revenue for the first quarter ended March 31, 2015 increased to $4.45 billion. GAAP earnings were $626 million or $0.51 per diluted share, and Non-GAAP earnings were $943 million or $0.77 per diluted share, driven by... More